Assembly Bill A7795

2025-2026 Legislative Session

Requires detailed fiscal impact notes on certain legislation

download bill text pdf

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Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-A7795 (ACTIVE) - Details

See Senate Version of this Bill:
S1979
Current Committee:
Assembly Governmental Operations
Law Section:
Legislative Law
Laws Affected:
Amd §51, Leg L
Versions Introduced in 2023-2024 Legislative Session:
A5330, S2908

2025-A7795 (ACTIVE) - Summary

Requires detailed fiscal impact notes on certain legislation stating the estimated annual cost to the political subdivision affected and the source of such estimate; provides that bills will be invalidated if the funding source is not provided or the fiscal impact results in an annual net additional cost in excess of $10,000.

2025-A7795 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7795
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 11, 2025
                                ___________
 
 Introduced  by  M.  of  A.  DeSTEFANO  --  read once and referred to the
   Committee on Governmental Operations
 
 AN ACT to amend the legislative law, in relation to  requiring  detailed
   fiscal impact notes on certain legislation
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1.  Section 51 of the legislative law, as added by chapter 985
 of the laws of 1983, is amended to read as follows:
   § 51. Fiscal impact notes on bills affecting  political  subdivisions.
 1.  For  the  purpose  of this section, the term "political subdivision"
 means any county,  city,  town,  village,  special  district  or  school
 district.
   2.  [The  legislature shall by concurrent resolution of the senate and
 assembly prescribe rules requiring fiscal notes to accompany, on a sepa-
 rate form, bills and amendments to bills, except as otherwise prescribed
 by such rules, which] A  BILL  THAT  would  [substantially]  affect  the
 revenues  or  expenses,  or  both,  of  any  political subdivision SHALL
 CONTAIN A DETAILED FISCAL IMPACT NOTE STATING THE ESTIMATED ANNUAL  COST
 TO  THE  POLITICAL SUBDIVISION AFFECTED AND THE SOURCE OF SUCH ESTIMATE.
 THE FISCAL IMPACT NOTE MUST CLEARLY IDENTIFY THE FUNDING SOURCE OF  SUCH
 ANNUAL  COST  TO  THE POLITICAL SUBDIVISION. AN OMISSION OF SUCH FUNDING
 SOURCE IN THE FISCAL IMPACT NOTE, SHALL INVALIDATE SUCH BILL.
   3. Fiscal notes shall not, however, be required for bills: (a) subject
 to the provisions of section fifty of this chapter, or  (b)  accompanied
 by  special  home  rule requests submitted by political subdivisions, or
 (c) which provide discretionary authority to political subdivisions,  or
 (d) submitted pursuant to section twenty-four of the state finance law.
   4.  If the estimate or estimates contained in a fiscal IMPACT note are
 inaccurate AND RESULT IN AN ANNUAL NET ADDITIONAL COST TO ANY  POLITICAL
 SUBDIVISION IN EXCESS OF TEN THOUSAND DOLLARS OR AN AGGREGATE ANNUAL NET
 ADDITIONAL COST TO ALL POLITICAL SUBDIVISIONS WITHIN THE STATE IN EXCESS
 OF  ONE MILLION DOLLARS, such inaccuracies shall [not affect, impair or]
 invalidate such bill.
   § 2. This act shall take effect immediately.

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